Zopa tests the work-from-home movement by allowing employees to work from anywhere, including overseas
Digital bank Zopa deploys a “test and learn” approach to the future of workers by allowing all employees to work wherever they are, including up to 90 days abroad.
COVID has forced most businesses to re-evaluate working arrangements, with virtual offices becoming the norm. Zopa says that 80% of its employees are interested in a mixed job that allows them to spend time in the office as well as at home. Zopa will evaluate the test during the year for employee satisfaction and overall productivity.
Zopa has around 450 employees and has announced plans to work with them to define working methods in the post-Covid future. Zopa says their approach will allow him to create a model that achieves the company’s ambitious growth goals while creating a compelling and forward-looking employee experience.
Prior to COVID, Zopa offered flexible working arrangements across the company, which facilitated a smooth transition to 100% work from home during lockdowns. Zopa adds that she will be making several changes to her London office by rearranging the space to prioritize face-to-face interactions when employees are in the office and making sure the space is set up well for interactions as well. distributed among office and office workers. other places.
Zopa Customer Director, Clare Gambardella declared:
“Zopa as a company has been able to achieve a tremendous amount over the past year as our teams have been working from home. However, we are aware that the pandemic environment is not representative of a sustainable model for us or our people. By testing and learning with our employees throughout 2021, we can understand how a distributed working model works in the long run and what the different preferences are for the people in our company. Our goal is to find a model that enables both Zopa’s continued growth and our ability to attract and retain top talent.
Official testing will begin on June 1 and Zopa will continue to review and adapt its approach based on feedback from the company, employees and stakeholders. Zopa reopened its offices in London for use in March. 18% more employees came to the office in May 2021 compared to April.
Zopa noted that last year it received a full banking license, launched new features such as a savings account, exceeded £ 6bn in online lending and increased its customer base by 27%.